Matador’s Midstream JV Plugs Delaware Capex Hole
Transaction Type
Sellers
Basin
Delaware
Field
Rustler Breaks, Wold assets area
Announce Date
Post Date
Estimated Price
245MM
Description
Formed midstream JV, called San Mateo Midstream LLC, in the Delaware Basin; includes upfront $176.4 million cash payment for 49% stake and additional $73.5 million in incentives.